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FOX Business
Nov 29, 2012 1:00pm EST
>> i am melissa francis. >> i am lori rothman. so much for progress on the fiscal cliff talks. at least for today. progress getting a fever pitch as john boehner says white house needs to get serious. senate majority leader harry reid says he is waiting for a serious offer from republicans. so there you can see the stock market slightly higher, reacting to every last word coming out of capitol hill. now the dow was higher, but off of the best levels of the session as we make progress. melissa arizona is the latest state to refuse the exchange. we will bring on judge andrew napolitano to talk about this one. lori: "time" magazine announcing it candidate for person of the year. wait until you hear who the candidates are. we will handicap the list with lou dobbs. melissa stocks as we do every 15 minutes. nicole petallides standing by. stocks are losing sseam as house speaker john boehner took the podium although they have recovered a bit. nicole: is difficult to monitor which way and guess which way the market will go as each headline process crosses, we'reg the market being star
FOX Business
Nov 29, 2012 6:00pm EST
for coming back on the show. we got news tonight that the president's opening bid in the fiscal cliff talks was extending the jobless benefits for another year. so he is doubling down on his policy. he wants more jobs benefits. what is the cost? and to you think that it is a good idea or a bad idea? >> two things. short-term cost of how it will really poisoned the well in these negotiations. we are talking about deficit reduction, and the president is proposing new spending at top of all the other spending. republicans going into the deficit reduction talks talking about another dividend tax cut is something like that. a very poisonous way to start since the negotiations between two sites. the second thing that is important here is how we are viewing these jobless benefits. the administration is firming in in terms of job creation. that is not what they are. gerri: this is a study they did it, extending jobless benefits would create 300,000 jobs. i had to read it twice to figure out what they were talking about . and it still made no sense to me. explain the contorted logic to work here. >>
CNN
Nov 29, 2012 2:00am PST
. >> he said america can't afford itself right now the way we're going. fiscal cliff talks today continue with geithner making the rounds on capitol hill. later this morning, third quarter gdp expected to be revised higher. economists expect gdp for july to september to be revised from 2% to 2.8%. that would be good news. this is still modest growth. everyone hopes that next year will be a better year than this one in terms of growth. you want to see more than 2.5% growth consistently. >> i will say amen to that. >>> if at first you don't succeed, coming up, south korea trying to launch another rocket. find out how it went this time. >>> and if you are leaving the house now, watch us any time on your desk top or your mobile phone, just go to cnn.com/tv. a , try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. but when i was in an accident... i was wo
FOX News
Dec 4, 2012 10:00am PST
irrespective of any fiscal cliff talk. this is all thanks to obamacare? >> yeah, that's exactly right, megyn. there was a surtax in the health care law, supposedly to pay for medicare, but they raised it -- they raided the money out of medicare before it even arrived to pay for the new obamacare spending. it's 0.9% additional medicare tax on wages of high income earners, and it is 3.8% on all unearned income, so capital gains, dividends, rental income, interest, any other unearned income has this new 3.8% surtax, and that's on top of whatever might happen in these fiscal cliff talks. megyn: so that is happening. if you make $200,000 as an individual or 250 as a family, it's happening as of january 1. >> well, looks that way. my parsing of speaker boehner's offer in the fiscal cliff talks is that this is going to happen no matter what. they talked about holding the line -- megyn: no, wait, wait, wait, let me interrupt because i just don't want to confuse the two, because all the taxes are confusing. i'm saying this surtax, this .9 income tax surtax, and then this 3.8% surtax on nearly all cap
FOX News
Dec 2, 2012 8:00am PST
" saying, "we're nowhere" in fiscal cliff talks with democrats. treasury secretary tim geithner saying and telling chris wallace republicans must accept the tax hikes for the wealthy to reach a deal. a deal is what we are after. peter doocy live in washington with more. peter, tell us first, speaker boehner -- the big problem right now with the white house proposal that was just presented. >> jamie, speaker boehner says he was flabbergasted when the treasury secretary geithner came to capitol hill and told him what the president wants. and this is why. >> the president is asking for $1.6 trillion worth of new revenue in ten years. twice as much as he has been asking for in public. he had stimulus spending in here that exceeded the amount of new cuts he was willing to consider. it was not a serious offer. >> reporter: secretary geithner says the white house $4 trillion plan has 2 to 1 ratio of cuts to spending increases. but everything we heard from speaker boehner suggests the $1.6 trillion in new revenue the white house wants is too much. especially since boehner does not want to incr
CNN
Nov 28, 2012 9:00pm PST
don't want to get clinical or partisan, or even talk about this ridiculous phrase "fiscal cliff," just in your dealings with the financial issues for the last 30 or 40 years, what is your view about taxation, generally. doesn't america suffer when taxes are slightly higher in terms of economic prosperity? or is that just a bit of a myth? >> well, i think there are a lot of theories running around out there. and i have the formal education, and finance degree so i studied economics like a lot of us did. i was formally taught, the proper way is that way. that seems to be the direction of the obama administration, the idea to raise taxes. and the government control the reinvestment interest the economy. really, there is not much evidence that that has worked. it didn't work under obama or bush, even an argument it didn't work under fdr, which is where it came from. that probably world war ii bailed us out of the economic slump, probably called the great depression, rather than that. i am a sophisticated guy, i don't have a lot of sophisticated looks on things. i just know that i have 350
FOX News
Nov 29, 2012 10:00am PST
house is in fact open to having spending cuts as part of this discussion in the fiscal cliff talks. i think what is going on here is the white house heard the criticism and they are trying to breathe some new life into these talks. politico reported there was a phone call between the president and speaker boehner. they claim it was curt as in a short call that did not go well. jay carney just pushed back and said it was a 28-minute phone call. he said it was frank and direct. and it was good, it was positive. they believe, the white house does, that they are making progress. but i pressed jay carney. i said will spending cuts be included? and here is what he said. >> can you hold up that budget, look in the camera and say to your fellow democrats on capitol hill, vote for and include some of these spending cuts in this deal to avoid the fiscal cliff? because that's not what they are doing. should they include those? >> yes. and i know that democrats accept that there -- this has to be a balanced package that includes revenues and cuts and spending cuts. >> reporter: so news the white
FOX Business
Nov 30, 2012 6:00pm EST
the details of the president's opening gambit in the fiscal cliff talk. he wants a $1.6 trillion tax increase, 50 billion and stimulus spending. and the white house has the ability to raise the debt ceiling without congressional approval. a very big deal for folks there. today, the president is out there, trying to drum up support among the public. not in washington or with congress or the senate. here is what he had to say. >> it is not acceptable to me, and i do not think it is acceptable to you for a handful of republicans in congress will middle-class tax cuts hostage simply because they don't want tax rates on upper income folks go up. gerri: it sounds like the same old, same old. the president has been making the same comments again. is this any way to sell a plan? >> there really is not. the president is not being serious about this. the fact that the president is out there campaigning on this rather than negotiating, it means that those that are negotiating, such as secretary geithner, they probably don't feel bound by what the president is saying. this is the first gammons and certai
FOX Business
Nov 29, 2012 11:00am EST
in preparation or all been wary about the fiscal cliff, let's see where we are, talking about a dollar jumping, positive for the weekend all up arrows and a great day on wall street after yesterday when tim geithner was sounded more optimistic and we continued that trend to the upside today but a short time ago we saw john boehner talking and sounding less optimistic and somewhat pessimistic. when you don't see clarity and you don't have bipartisan agreement you see the markets do a reversal and that is what you see on this injured they chart with the s&p 500 still holding the 1400 mark to the key psychological level but this shows how temperamental this market is and we have seen so many companies beating up their dividend payout in order to beat taxes that are likely to go up next year so there's a lot of maneuvering going on. dagen: cheryl: market analyst quoting john boehner unit is about washington. thank you very much. it is a busy day in washington and new york is watching, tim geithner is meeting with congressional leaders in an effort to make headway on a fiscal cliff deal. peter barn
FOX Business
Nov 29, 2012 9:20am EST
as part of a fiscal cliff deal. it's on the table. okay? we're talking about that coming up at the top of the hour, one of our new at 10 stories. all right, back to nicole, research in motion, all right, all over the place these days, but today they're up and i want to know why. >> a buy rating for goldman sachs equals up arrow and this is as simple as wall street gets. you've got positive comments right now on blackberry, for research in motion and the blackberry 10 coming out on january 30th, goldman sachs is saying that the first time in three years the street's estimates are just too low for forth coming device and the risk rewards looks really good here and it depends if this device is a good one and that's why you see, and the price target, they have a new price target, stuart, $16 up from $9 and they see upside potential. stuart: we'll see, and i have your seven early movers for you, the women's apparel maker cold water creek took in more than expected and that stock is up. oh, 11%. disappointing profits from lazy boy and semtech is up big. and aeropostale on the holiday season,
CNN
Nov 29, 2012 1:00pm PST
: as the country fast approaches the fiscal cliff, the two sides are talking past each other. democrats say they've laid down their marker hiking tax rates on wealthier americans. and it's up to republicans to propose specific spending cuts they want to entitlement programs. however, republicans say they've offered a concession putting revenue on the table. and they say it's now up to the president and his fellow democrats to feel some pain and propose cuts in medicare and medicaid. confu confusing? we asked senate majority leader harry reid. where's the disconnect? >> i don't understand his brain. so you should ask him, okay. >> from capitol hill to the white house, democrats say the major hurdle remains, the tax issue, whether republicans will agree not just to revenue but to raising tax rates. republicans as you will not be surprised have made clear so far that is a no-go. so what's next? well, a top republican aide told me they look forward to hearing from the white house. a top democratic aide saying, our door is open. read that, wolf, as a standstill. >> they've waited a few weeks before a
ABC
Nov 30, 2012 1:40am PST
over the fiscal cliff talks. now republicans and democrats can't even agree on where things stand. >> no substantive progress has been made in the talks. >> and you know there is progress. >> treasury secretary tim geithner sat down with bipartisan congressional leaders to keep pushing for a deal. a top boehner aide said the plan geithner presented is, quote, completely unrealistic. and a top democratic aide said republicans have taken to screaming at them. if no action is taken by december 31st, 650 billion in cuts to the pentagon and domestic programs and tax increases automatically go into effect. after the meeting, the finger-pointing came quickly. republicans say democrats aren't bringing to the table a plan that include significant cuts to medicare and entitlement programs. >> revenue was only on the table. if they were serious. spending cuts. >> the white house drew its own line in the sand and said tax rates must go up on the top earners, but -- >> the middle-class tax cut should be made permanent. >> president obama stayed out of the fiscal cliff discussions and sat down
FOX News
Nov 29, 2012 6:00am PST
reporters that he is optimistic about the overall fiscal cliff talks, martha. martha: we'll see. the way they speak publicly there doesn't seem to be a lot of budging on either side. we know there were pretty high profile white house meetings, but those conversations, not happening publicly right now, but are they going on behind closed doors do we think? >> reporter: we know president obama and speaker john boehner had a phone conversation last night. a source familiar with the call said it lasted more than 15 minutes. that's critical because think deal will need to be carried by the two of them, bottom line democratic leaders here on the hill will go along with the president's plan, speaker boehner needs to be able to sell it in the house, martha. martha: there was a report that there was a curt, tense conversation. now we are learning that it went on as you said, mike for 15 minutes and the men had quite a bit to talk about. we'll see where it goes. thank you, mike. >> reporter: thank you, martha. bill: the state of arizona just announcing it will not create a state insurance exchange
CNN
Dec 4, 2012 4:00am PST
're going to talk about the fiscal cliff, we're going to talk about the global economy. we're going to talk about the civil war in syria. we'll talk about the royal baby coming soon. first we want to get right to zoraida sambolin for an update on the day's top stories. >> soledad, the fiscal cliff debacle, with 28 days remaining before drastic tax hikes and spending cuts take effect, a republican spending plan has been rejected by the white house. brianna keilar is live from washington. what now, brianna? >> well, right now it's about the pressure building and the clock kicking, zoraida. as house republicans in the white house try to ultimately broker a deal between two very different plans. house speaker john boehner's counteroffer, if you take a look at the headlines from this $800 billion in what would be savings from tax reform. so that is new tax revenue. but not done by increasing income tax rate on the wealthiest. but instead by closing tax loopholes, eliminating tax credits. and also $600 billion in health savings. that's what you'd get from entitlement reform. from reforming medica
FOX News
Nov 30, 2012 6:00am PST
, it is a friday morning and this is not a game. words from john bain other as we get react on fiscal cliff talks that exploded in the open. saying that it reads like a democratic wish-list and could plunge the economy back into recession. oh joy. welcome here. i'm bill hemmer. live in "america's newsroom.". martha: good morning, bill. bill: we'll find the silver lining in this, aren't we? martha: we are. bill: that is our quest. martha: i'm martha maccallum. here are the basics when they put forth through tim geithner yesterday from the president. 1.6 trillion in new taxes. that is the opening part of the deal. 50 billion in new stimulus spending. we already had a lot of backlash in stimulus in previous packages. this is interesting element here. new executive power to raise the debt limit. that is what caused so many of these discussions because they bump up against the debt limit and not be able to go back this. there is executive power plea to be able to do that without going back to confess. republicans are saying where is the balance? where is the spending cut side of the equation. the pres
CNN
Dec 3, 2012 11:00am PST
, a lot of news to get to on this monday. first, of course, talks over the fiscal cliff. they are going nowhere fast. democrats, they're basically telling republicans, hey, ball's in your court. we'll take you live to the white house for that. also, as the city grieves over an nfl player's tragic breaking point, new debates today about gun control and domestic violence. you'll hear both. but first, the u.s. has long believed syria has a huge stockpile of chemical weapons. now new concerns that chemical arsenal is on the move. secretary of state hillary clinton today issuing another stern warning against syria, using these weapons. the syrian foreign ministry quick to respond here saying it would not use chemical weapons against its people if it had any, but this announcement as turkey is sending warplanes to its border with syria after the syrian military bombed a nearby town of ras al-ain. you can hear that and see the smoke. this is the turkish side of the border. this is fueling more fears that more of syria's violence will spill into its neighbor to the north, being turkey. security
FOX News
Dec 5, 2012 8:00am PST
bit about the fiscal cliff and that's something we've all been talking about recently, and what it means for us right now and the year ahead. we also have other business news. we'll get back to the president by the way if and when we get that feedback. he will be taking questions from the audience there of business leaders as gregg mentioned. elizabeth mcdonald ever the fox business network is standing by list toning some of what the president had to say about the economy. liz, can you place it in context about where our economy is right now. >> reporter: the president just now was placing it in the -- the economy in the broader context of what is going on in the world, mentioning asia, mentioning europe, and then he turned to what was the most important part of the speech, he started to speak and that is what is holding us back ironically is stuff that is going on in this town, and he also, the president also said, no one wants to get a deal done more than me. so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignited and going. and so this
FOX News
Dec 6, 2012 3:00pm PST
cliff. what the president does not want to talk about. plus senator jim demint is here to tell you why he is leighing the senate. this is "special report." this is "special report." ♪ ♪ good evening >> good evening. i'm bret baier. much of the public debate focuses on taxes. democrat want to raise them on high earners. republicans don't. but there is another part of the equation that gets less attention. that is spending cuts. chief white house correspondent ed henry looks in to that tonight. >> reporter: pulling on the heart strings as if he were back on the campaign trail, president obama visited middle class family in virginia. >> a couple of thousand dollars means a couple months' rent for this family. >> once again, he was trying to frame the battle oaf the fiscal cliff as being all about taxes. with no mention of spending cuts. >> i'm not going to sign any package that somehow prevents the top rates from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is good for families like this one. that is good for the american economy. >>
CNN
Dec 1, 2012 6:30am PST
. the middle class' most cherished tax break could be in the crosshairs of the fiscal cliff negotiations. we're talking about the mortgage interest deduction. it's been around for 99 years, but it's costing the government $80 billion this year and will reach $100 billion by 2014 making it the third largest tax expenditure according to the congressional research service. who is it really helping in the most recent irs tax data show 41 million people claim this deduction on their 2010 taxes, but the tax policy center points out it tends to benefit upper middle class families the most. for those with annual incomes of less than $40,000 a year, the average tax savings is just 91 bucks. for the people earning $250,000 a year, the annual tax savings runs about $5,500, and critics say it's not really helping to boost homeownership. going to talk to one of them in a moment. the homeownership rate in the u.s. is now about 65%. it was up near 70% during the housing boom in 2005 and 2006. now we're back to levels we last saw in the 1990s. yes, the great recession is partly to blame, but the fact is we'
MSNBC
Dec 3, 2012 1:00pm PST
real talk for a second. there is no fiscal cliff. there's no special deadline. these are long-term debates. you were asking mr. russert about the past negotiations because these are debates we've had in the past that we will continue to have in the future. some people would rather solve them in the bottom of the ninth. that would be better. but if we go into the tenth or 11th inning it's not a cliff because eventually we will work this out. why? congress has a time machine. if they want to make cuts retroactive, if they want to help you in the last fiscal year, if they want to back date things, they can do that, we can't, you can't do that with your own taxes, but the government can. so i agree we are seeing the republicans put the gun to the collective head of the congress and the economy hoping to get the same hostage antics they got before, but let's be clear, if this deal gets done in january or february, as long as it gets done the right way, it will be fine. it's not a cliff. >> do you agree with that, julian? because my understanding is that this would in effect usher i
FOX News
Dec 3, 2012 3:00am PST
at the condition dee center. let's talk about this, the end of this month, that's thinking fiscal cliff we've been talking about. and yesterday on the chat shows, it was very clear both sides are at logger heads. this on the news that at the conclusion of last week, the president's team unveiled something that was so, according to the republicans, unserious, it flabbergasted the speaker of the house, john boehner. though tim geithner went out yesterday and said, that plan that we're pushing? it's a good one. here he is. >> we think that's a very good set of proposals. we think that's what's good fort economy. if they've got different suggestions, they want to go further in some areas, they should lay it out to us. >> i think we're going over the cliff. it's pretty clear to me they've made a political calculation. this offer doesn't remotely deal with entitlement reform in a we to save medicare and medicaid and social security from imminent bankruptcy. it raises $1.6 trillion on job creators that will destroy the economy and there are no spending controls. i'm serious about revenue. you can limit d
MSNBC
Dec 5, 2012 11:00am PST
of the big issues is anybody really talking about what to do with the fiscal cliff other than news conferences an the appearances on the floor and the message is there aren't really serious negotiations going back and forth just yet. the critical moments probably later in december when the pressure of the calendar is greater, tamron. >> all right. kelly o'donnell, thank you. joining us now is congressman yarmuth. about a week ago you were on with my colleague and said you were growing more pessimistic about reaching a deal before the back and forth we have seen. how do you feel right now? >> well, i'm still pretty pessimistic about a deal and optimistic to at least avoid the tax part of the cliff. i get the sense that a growing number of republicans are willing to let the senate bill come to the floor here in the house. which would get almost every democratic vote and a fair number of republican votes. as long as speaker boehner doesn't require there be a majority of his majority to pass that bill, i think we can get that done. i have a sense that's kind of a way we're moving. as t
MSNBC
Nov 29, 2012 3:00am PST
. walking-around money. walking-around money. >>> talking about big cash, let's get to the fiscal cliff. some developing news this morning. "politico" hassen e an exclusiv report that president obama and representative boehner had a "curt" telephone conversation. speak speaker boehner says he wants to move his position on tax rates but the president won't budge. he told him, if he has an alternative plan, he ought to put that forward rather than focusing on entitlements. the white house will send tim geithner to capitol hill for a meeting. yesterday the president met with ceos including at&t, goldman sachs, coca-cola and caterpillar, many of whom said after the meeting they emerged hopeful a deal could be struck to avoid the fiscal cliff. in another meeting with middle-class americans, president obama said he believes the framework for a deal could be in place before christmas. >> and i'll go anywhere, and i'll do whatever it takes to get this done. it's too important for washington to screw this up. now's the time for us to work on what we all agree to, which is let's keep middle-class
FOX News
Nov 30, 2012 8:00am PST
to talk about a fiscal cliff as well. so we're going to listen in to what he has to say potentially about these negotiations. [cheers and applause] >> i want to thank michael erickson, robert glickman and the inventer of kinects, joel glickman, for hosting me today and giving me a great tour. where'd they go? stand up, stand up so everybody can see you guys. there they are. [cheers and applause] i just noticed we've got a couple outstanding members of congress here. we've got allyson schwartz. now, i just finished getting a tour of the kinects workshop. i have to say, it makes me wish that joel had invented this stuff a little sooner when i was a kid. back then you couldn't really build a roller coaster out of your erector set. and i also got a chance to meet some of the folks who have been working around the clock to keep up with the christmas rush, and that's a good thing. you know, these guys are santa's extra elves here. they manufacture almost 3,000 kinects pieces every minute, and every box that ends up on store shelves in 30 countries is stamped "made in america." and that's someth
FOX Business
Nov 30, 2012 4:00pm EST
one of the most influential people of the entire 20th century and going over the fiscal cliff will derail the biggest economic driver in the u.s. and that is biotech. mike milken talking about life-saving drugs, jobs that come with them and our status as the leader of the industry, all at stake if we go over the fiscal cliff. and dr. francis collins with the national institutes of health. fiscal cliff. folks including today to liz hy malcolmed the month of november and the red and nasdaq and s&p close slightly higher, consumer discretionary and industrials were this month's top performing sectors, utilities and energy lagged behind. oil posting its second straight day of gains closing the trading day up 1%, $80.91 for a barrel of oil and today's gains in crude up 3% for the month of november as concern over threats to supply due to mideast violence offset ongoing demand worries and personal spending, are you part of this, it sold for the first time in five months dropping 0.2%. the commerce department is a debating that to hurricanes and the lowering wages and salaries by an a
CNN
Dec 5, 2012 8:00am PST
coast. and we are at 27. the number of days before the nation is going to slip over the fiscal cliff and that is what people are talking about. unfortunately, in washington they are not talking to each other about it. right now president obama is meeting with the washington business roundtable. that's just minutes after speaker boehner met with rank and file gop lawmakers and former speaker pelosi met with house democrats. they are all in each other's corners speaking amongst each other but all eyes are on the fiscal cliff. let's scoot over to the president. easy merging from that meeting with the washington business leaders. let's see what he has to say. >> jim, thanks for your leadership. you know, originally my team had prepared some remarks, they always get nervous when i'm out there on my own, never know what i might say. but given the dialogue that we had the last time, i thought it was useful for me to abbreviate my remarks, speak off the cuff at the top and then most of the time just having a conversation. let me begin by saying all of you in this room are not just business l
FOX Business
Nov 30, 2012 3:00pm EST
some type of newsbreak about the fiscal cliff over the weekend. buyers have been kept pretty much on the sidelines. house speaker john boehner talking yet again today about the lack of progress in talks with the president. this is a quote "there is almost no progress, but he is willing to move forward in good faith." consumer discretionary stocks have been the week links today. things like yum brands have been down on things like heavy volume. sale estimates missed. hy retail out of fashion once again. coach and tiffany in the red. they missed their earnings numbers. market does not like surprises. let's take a look at metal. gold down about $17. even as the dollar falls against the euro. perhaps, you can blame it on the fiscal cliff. you can mention that silver is down more tightly. lots of things going on in the markets. coming up just a little bbt later in the show, you have to see this. talk about optimism. michael milken. remember him in the 90s? he was a real rock star when it came to backing small entrepreneurial ideas and companies and then became huge. now, he is all abou
MSNBC
Dec 4, 2012 9:00am PST
with the president at the white house to talk about the fiscal cliff and other issues affecting their states before coming to the mikes to address their concerns. >> i think we all recognize that there's an impact on our states, certainly, by what happens here. >> we want to be a part of the solution to the problems facing our nation. >> we also are saying that states are willing to do our part. we understand it's going to be a shared sacrifice as you have to look at spending cuts. states are willing to do more with less. >> while the national dialog is focused on the fiscal cliff which has the potential to significantly affect state budgets many governors are also tackling the implementation of obama care. starting in 2014 medicaid will be expanded to all americans within 138% of the poverty line, which is individuals making $15,000 a year or less, give health care to as many as 21 million additional americans. eight governors including one of those at the white house today, oklahoma republican governor mary fallin are rejecting the offer, concerned their states may have to foot the bill down the
MSNBC
Nov 29, 2012 5:00pm PST
that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over libya. >>> good to have you with us tonight, folks. republicans are walking tall in public but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> tough talk. it's also completely divorced from reality. right b
FOX News
Dec 4, 2012 8:00am PST
will join us live to talk about the fiscal cliff negotiations. >>> a nightmare story straight from the subway tracks. a man pushed in front of a train. we'll have details from new york city. the second hour of "happening now" starts right now. jenna: former president george w. bush stepping into the spotlight to talk about two big topics in our country today, the economy of course and immigration. we welcome you to a second hour of "happening now." we're glad you're with us. i'm jenna lee. jon: i'm jon scott. a conference in dallas on economic immigration and growth. it highlights a story of immigrants making impact on the economy. president bush opening the event advocating for immigration reform to get the economy growing at a healthy rate. >> immigrants come with new skills and new ideas. they fill a critical gap in our labor market. they work hard for a chance for a better life. jon: our casey stiegel is keeping an eye on all of this live from dallas. >> reporter: jon, you're a pilot so i know you remember the jet age. we're talking about a point in american history in the '50s
ABC
Dec 3, 2012 3:00am PST
on the sunday talk shows as fiscal cliff negotiations enter the fourth and possibly final month. republicans and the president still stuck in neutral. >>> somber stadium. fans and players reacting after the weekend murder/suicide involving kansas city linebacker jovan belcher.
ABC
Dec 2, 2012 4:00am PST
. >> pretty definite. all right, ron. >> thank you, ron. >>> we'll turn now to if fiscal cliff, 30 days from an economy-crippling deadline. yet talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. >> last weekend, you sat right here and you said you were reasonably optimistic that a deal could be afoot. in the intervening week, lot of trash-talking from both sides, can we still be somewhat hopeful? >> this week was a rough week in these negotiations. treasury secretary geithner when he went up to capitol hill, mitch mcconnell laughed when they got the offer from geithner. house speaker boehner said that the talks are at a stalemate. democrats said they're not going to make another move until republicans say they're going to go for an increase in tax rates. so, this is stalemate right now. now, these things always look horrible when they come together. more and more voices say, this is going to go over the fiscal cliff at least for a few days in january. >> if we go over the fiscal cliff, voters will likely blame the
CBS
Dec 6, 2012 12:00pm PST
to avoid the so- called "fiscal cliff." >> you got it nail this down. uncertainly is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending consults on the middle class. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying
FOX Business
Dec 5, 2012 9:00pm EST
of the screen. we have lots more in the show. twenty-six days until we fall off the fiscal cliff. is that what democrats want us to do? pictures seem so. we go live to capitol hill in 10 minutes. while ngress talked about wanting to cut excess spending, the nbers may tell a different story. i will break it down coming up next. you stl think you're colder than me? nah. don tell me. tell tiny! [ ice crackling ] [ knuckles cracking ] and who are you supposed to be, back-up? handle it. what you looking at? ha! cat-like reflexes... whoa! [ male announcer ] the coors light silver bullet pint. it's bigger. it's resealable. it's still the coldest. don't you do it. don't you do it! [ male announcer ] frost brewed coors light. gerri: where would we be without senator tom coburn? without the oklahoma taxpayer dollars? this fellow brought us this image. your member this? the shrimp on on the treadmill. does anyone have? @%e national science foundation studying the effects on disease. they decided to do this, and they spend 500,000 taxpayer dollars doing this study. if you can get scieists to ste money, th
FOX Business
Dec 6, 2012 6:00pm EST
at the margins of the conversation on the fiscal cliff. do we get rid of the mortgage deduction? lo the proves and cons. people from the -- lots of pros and cons. they say it will cost 15% of the off housing prices lopped off. what do you think the same pack will be? >> i don't think it will have that effect. what usually happens when you have really bag news, people pause for a moment, absorb it and move on. what we have going on is so much push in upward momentum in the housing market i can't even fathom that affecting housing prices. hardly at all quite honestly. gerri: do you think that first-time buyers in particular rely on that deduction? they're thinking about that deduction when they make the decision to buy? might it discourage people that otherwise might get into the market? >> we'll said, for some people it will make them pause a bit. it sounds so good to buy. they're tempted back in the market by cheap prices and cheap money. those are giant momentous things that happen that push people back in. gerri: i think this is a great time to be in the market. in some places though have yo
MSNBC
Dec 3, 2012 3:00am PST
to see it in the next 48 to 72 hours. >> chuck, we are talking about the fiscal cliff here and basically, i mean, i know next to nothing about the fiscal cliff or the negotiations that are going on. is your sense that there's more going on behind the scenes than what we talk about or what's in the papers? >> you know, i love -- no. there's not. i mean -- >> you mean we're right? >> no, it's one of those -- it's amazing. i think we all assume oh, there's got to be real stuff going on. this is just -- and maybe this is an elaborate ploy, right, that the president and boehner said okay, we're going to do all this and then magically we'll bring it all together as everybody feels everything's going to heck in a handbasket. but no, there's not a lot going on sort of behind the scenes. there isn't a backroom -- yes, rob neighbors who's the chief congressional liaison for the white house, he checks in daily with boehner's and mcconnell's office, but there's not real negotiations going on like we saw in the last ten days. but i also am a little bit of -- i think everybody should just go to -- you
MSNBC
Dec 1, 2012 11:00am PST
'll talk about that. >>> plus, at the end of the day this fiscal cliff debate will come down to two men. the speaker of the house and the president of the united states dealing one-on-one. we will go behind closed doors and into the war room. you are watching msnbc, the place for politics. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> we are watching a developing story in kansas city, missouri, right now. this is what police say appears to be a murder/suicide involving a 25-year-old nfl pla
MSNBC
Dec 4, 2012 1:00pm PST
. with the fiscal cliff three weeks away, it's absolutely crazy to be talking at that level of nonspecificity. and then, yes, you're right. you're talking about not just holding tax rates where they are, which wouldn't really work for high income people, but lowering tax rates and then making up your spending cuts by kicking the heck out of social insurance perhaps, medicare, medicaid, and social security. this is big time robin hood in reverse without any specifics at absolutely the worst time. >> professor peterson, grover norquist appears to think the president regards himself as a monarch preparing for coronation. take a listen to what he told my colleague, alex wagner, earlier today. >> and he thinks somebody made him king and he's going to have more taxes, more spending, and more regulations. it's a real problem for him. he doesn't have the mandate he thinks he does. so i think he takes us over the cliff because he doesn't -- he's got blinders on. he doesn't see where he stands in the universe. >> the president will take us over the cliff because he doesn't understand his place in the u
CNN
Nov 30, 2012 6:00am PST
his brain, unquote. >>> when those talks over the fiscal cliff seem to be heading towards a stalemate but do the capitol hill theatrics tell the whole story? here's thousand politico summed it up, listen to top democrats and republicans talk on camera and it sounds like they could not be further apart. but behind the scenes top officials who have been involved in the talks for many months say the contours of the deal are starting to take shape. well, joining me are jason johnson a political professor, t and a republican strategist ron bonjene, ron, let's start with you, both sides know they'll have to make a deal. one congressman says to get it there has to look like this was fighting this way it's kind of like managing the public's expectati expectations, oh, we didn't give anything, oh, we didn't either. is this rhetoric all just for the show of it? >> part of it is and part of it isn't. part of it is, you know, both sides have to stake out their territory, in any negotiation, you know, you have to show what you want, most of what you want first and then you start really negotiating
MSNBC
Dec 4, 2012 11:00am PST
is. plus, governors are warnings that a failure to reach a deal on the fiscal cliff could mean havoc for state economies. they're telling congress to get together and get something done. i'll talk with two governors who met the president just a few hours ago, but first in today's money minute, here's a look at the markets. ♪ ♪ mom? dad? guys? [ engine turns over ] [ engine revs ] ♪ he'll be fine. [ male announcer ] more people are leaving bmw, mercedes and lexus for audi than ever before. take advantage of exceptional values during the season of audi event. gives you a low $18.50 monthly plan premium... and select generic hypertension drugs available for only a penny... so you can focus on what really matters. call humana at 1-800-808-4003. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. you won't take our future. aids affects us all. even babies. chevron is working to stop m
FOX News
Dec 1, 2012 8:00pm PST
approaches a fiscal cliff, and the immediate y media in his corn again. >> the new york times gets caught 40 questionable items about the conflicts in the middle east. and a british judge releases his report on the phone hacking scandal in the country and how did the media here react. and jay leno sees the light. >> this is very dangerous for the white house if they should start asking real questions. >> jon: on the panel this week, writer and fox news contributor judy miller. syndicated columnist, cal thomas. jim pinkerton, contributor. and kirsten powers. >> jon: i'm jon scott, fox news watch is on right now. ambassador susan rice asked for a face-to-face meeting with some of her most focal critics to make things better. the meeting took place and appears to have made things worse. >> rice herself asked for the meeting, but the effort to smooth things over didn't exactly work. >> for the first time she acknowledged her comments were wrong. >> susan rice has been depi depicted from everything as a thrown under the bus sacraficial lamb to a willing political accomplice. >> and ambassador sus
FOX News
Dec 5, 2012 6:00pm PST
the fiscal cliff negotiations. does the average american know what exactly this is? we went to the streets of new york to find out. >> it was something i probably learned about in school, but i'm guessing it's like a cliff like a mountain avalanche type of cliff. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, withcause c-max alsoted beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12ears. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ so we created the extraordinarily comfortable sleep number experience. around a bed with dualair technology that allows you to adjust to the
MSNBC
Dec 5, 2012 8:00am PST
and talk about the big issues on the other side in 2013. >> first, no one wants to go off this fiscal cliff. that would be a self-imposed damage to our economy. number two, the next step is the enactment of the bill that's in the house, dealing with the tax relief for all income below $250,000, providing the revenue base to have that type of confidence and discussions between the two sides. the next step let's get that bill passed. i'd like to see us go further before the lame duck is over and be able to have a framework in place to get additional deficit reduction. >> you were part of this emotional appearance from bob dole on the floor yesterday voicing his support for the u.n. disability treaty yet even his presence there and the emotional images as we see him on the floor there in a wheelchair was not enough to get some republicans to vote for it. senator kerry calling it the saddest day he's seen in decades. the measure failed. what is your reaction to that and what is the excuse to the american people? >> i am a member of the senate foreign relations committee, we added to the treaty
FOX News
Dec 6, 2012 10:00am PST
for digging into this stuff. we've got the debate about the fiscal cliff and the debt ceiling and we're talking in the trillions. before you can even get to the trillions, if you can't stop stuff like this, does the american public ever believe that washington is going to get its act together if you can't stop this 100,000 here, million there, all, of course, adds up to billions. if we can't stop the zombies, taxpayers paying for the zombies, how can we ever tackle medicare and social security? [laughter] megyn: that's the thing that makes people upset, julie. all right, if you're going to increase my taxes to help pay down the debt, help people in need, that's one thing, but if i'm going to be paying for zombies or for santa to ride the $250,000 sleigh, i object. >> i'm a little embarrassed. can you imagine being an employee and having to pretended to be a zombie? >> those were actors. >> i don't know about that. [laughter] i think they may have been dhs employees dressed up. charles is right, thanksgiving a little ri -- this is a little ridiculous. i understand what they're trying
CNN
Dec 6, 2012 9:00am PST
folks worried now about the fiscal cliff. one economist worried that a budget deal will actually hurt the economy and send unemployment sky-high. i'll hear what he has to say up next. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. home of the legendary grand prix circuit. the perfect place to bring the all-new cadillac ats to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3 series. i cannot believe i have ended the day not scraping
ABC
Dec 2, 2012 7:00am PST
'll turn now to the fiscal cliff, 30 days from an economy-crippling deadline. where everyone's taxes go up and massive spending cuts kick in. yet, talks seem to be going nowhere. treasury secretary timothy geithner will be the guest on "this week" with george stephanopoulos. george is with us now. good morning, george. >> last weekend, you sat right here and you said that you were reasonably optimistic that a deal could be afoot. in the intervening week, we have seen a lot of trash-talking from both sides, can we still be somewhat hopeful? >> this week was a rough week in these negotiations. treasury secretary geithner when he went up to capitol hill, on thursday, the senate republican leader mitch mcconnell laughed when he got the offer from tim geithner. they think it's an offer that doesn't show any rules towards compromise. house speaker john boehner said that the talks are at a stalemate. there seems to be a huge divide. democrats said they're not going to make another move until republicans clearly say they're going to go for an increase in tax rates. republicans aren't prepared to m
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